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Most economists assume the answer is obvious. They say the purpose of the economy is growth, and they measure success using GDP. But what if Read the full article...
This infographic supports this morning's video: How to expand this image If you press CTRL or Command and Plus (+) on your keyboard, your browser Read the full article...
I had the pleasure of being a guest on Professor Radhika Desai’s Geopolitical Economy podcast for a discussion earlier this week. The discussion was based on open-minded Read the f...
Don’t you think economics should serve people rather than power? If not, why do we study economics, teach economics and practice economics? There is something strange about the rel...
Most people think economics is about money. It isn’t. Economics is about how society organises itself to meet people’s needs and help everyone thrive. In Read the full article...
For years, headline economic indicators have suggested that the U.S. economy is performing well. GDP has continued to expand, unemployment…Continue reading on Medium »
This is the first in a series of infographics which will continue with: Microecnomics Macroeconomics Political economy The household analogy And more. How to expand Read the full a...
The law of diminishing marginal utility is one of the foundational principles of economics, but its significance extends far beyond the marketplace. The principle states that as a...
Most people think economics is about money. It isn't. Economics begins with something much more fundamental: resources. Every society has limited resources and must decide Read the...
In this latest video in my Understanding Economics series, I look at an idea economics has been missing for the last forty years, and it Read the full article...
It would be an understatement to say that people across the world from all backgrounds and political persuasions are nervous about what artificial intelligence (AI) might mean for...
There is a silent question that walks through every city, every village, and every economy. It is a question that statistics alone cannot answer. Why do some families wake up every...
EXCLUSIVE: "If there were going to be something that shook the consumers, it would shake the economy," President Goolsbee tells Fortune.
This is the second in a series of infographics. The first, on economics, has been published. The series will continue with: Macroeconomics Political economy The Read the full artic...
India’s economic transformation has produced remarkable growth, but it has not distributed opportunity equally. Alongside new industries, rising markets and expanding infrastructur...
In Magnifica Humanitas Pope Leo XIV warned against reducing people to "data and performance." All metrics, even those designed to measure happiness or flourishing, run that risk, a...
We are freshening up some of our videos with updated data so now is a good time to remind everyone that Modern Principles of Economics is best principles of economics textbook; gre...
Young people cannot afford homes. They cannot afford families. The economy is producing conditions that are neither pro-family nor pro-life. Frank Wright turns to Pope Leo XIII’s R...
How to expand this image If you press CTRL or Command and the Plus (+) key on your keyboard, your browser should increase the size Read the full article...
This is the second essay in a symposium that reconsiders neglected conservative thinkers. The essays were originally presented at the 2026 meeting of the Academy of Philosophy and...
What does it mean to live a good life? Psychologists and social scientists have been focusing on a new idea called flourishing—a sense of well-being that goes beyond just happiness...
This is a longer-than-usual blog post. As I note at the end, it was essentially co-developed with Jacqueline in a long session over coffee in Read the full article...
In a recent post, I discussed what is in philosophy termed 'the hard problem'. I did so in the context of recent discussion on ADHD. Read the full article...
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